Cross-border deal by Mexico mortgage group (Financial Times) Hipotecaria Su Casita, Mexico's second largest specialist mortgage lender, has raised $112m from non-Mexican investors in the first cross-border transaction by a Mexican mortgage lender.via
United Eyes Contracts After Pension Win Associated Press Update 24: United Gets OK to Dump Four Pension Plans 05.11.2005, 10:13 AM United Airlines gained a significant financial victory with court approval to dump its four pension
Mortgage servicers urged to head off foreclosures (Reuters via Yahoo! News) U.S. banking regulators on Tuesday urged mortgage servicers to be proactive and contact borrowers at risk of default to help them avoid foreclosure and keep their homes.read more...
Pipelines Spur Closer Ties in Black Sea Associated Press Pipelines Spur Closer Ties in Black Sea 04.22.2005, 03:49 AM Senior diplomats and energy officials from the troubled Caucasus and Black Sea regions gathered Friday to forge closer
Home Prices: Steepest Drop in 20 Years U.S. home prices fell 3.2 percent in the second quarter, the steepest rate of decline since Standard & Poor's began its nationwide housing index in 1987, the research group
States to blame on house prices: Costello LAND rationing designed to protect the cafe latte set from the horror of urban sprawl is driving up the cost of the family home more than interest rates.read more...
Even credit-worthy borrowers are likely to feel the effects of the troubled mortgage market. Knight Kiplinger, editor-in-chief of Kiplinger’s Personal Finance magazine, says that many borrowers will have the best luck if they use local institutions, ones they have a relationship with already, for loans.
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